CVS Health Corp reports results for the quarter ended December 31 - Earnings Summary

• CVS Health Corp CVS.N reported quarterly adjusted earnings of $1.19​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $2.12. The mean expectation of twenty four analysts for the quarter was for earnings of 93 cents per share. Wall Street expected results to range from 45 cents to $1.09 per share.

• Revenue rose 4.2% to $97.71 billion from a year ago; analysts expected $97.19 billion.

• CVS Health Corp's reported EPS for the quarter was $1.30​.

• The company reported quarterly net income of $1.64 billion.

• CVS Health Corp shares had risen by 22.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 15.4% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the healthcare facilities & services peer group is also "buy"

Wall Street's median 12-month price target for CVS Health Corp is $63.00

This summary was machine generated from LSEG data February 12 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)